Advanced Pattern Recognition

Dollar Update

CLIFF NOTES: the dollar has gone up – strongly — at the BUY pattern. While this is good, for now, as you will see below here will be the real test (IMHO). Here is the last post on the Dollar Index: http://bartscharts.com/2014/04/30/the-dollar-index-is-at-a-very-crucial-and-critical-level-at-79-45-79-47/ I have labeled the potential count occurring if dollar bull thesis is correct. I am impressed (hopeful ?) that all that thrust DOWN into the pattern was defeated (so to speak) but we have another SELL pattern coming in so if we can bust thru that then probability favors a dollar rise. Stay tuned …